Resurgere Mines & Minerals India (NSE:RMMIL) ROCE %: -7.02% (As of Mar. 2018)


What is Resurgere Mines & Minerals India ROCE %?

Resurgere Mines & Minerals India NSE:RMMIL ROCE % is -7.02% as of Mar. 2018.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Resurgere Mines & Minerals India's annualized ROCE % for the quarter that ended in Mar. 2018 was -7.02%.

Resurgere Mines & Minerals India  (NSE:RMMIL) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Resurgere Mines & Minerals India ROCE % Related Terms

Resurgere Mines & Minerals India ROCE % Historical Data

* Premium members only.

The historical data trend for Resurgere Mines & Minerals India's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Resurgere Mines & Minerals India ROCE % Chart

Resurgere Mines & Minerals India Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.19 -8.10 -11.43 -7.48 -7.02

Resurgere Mines & Minerals India Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -6.19 -8.10 -11.43 -7.48 -7.02

Resurgere Mines & Minerals India ROCE % Calculation

Resurgere Mines & Minerals India's annualized ROCE % for the fiscal year that ended in Mar. 2018 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2018 )  (A: Mar. 2017 )(A: Mar. 2018 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2018 )  (A: Mar. 2017 )(A: Mar. 2018 )
=-238.474/( ( (8163.526 - 4496.034) + (7976.491 - 4852.306) )/ 2 )
=-238.474/( (3667.492+3124.185)/ 2 )
=-238.474/3395.8385
=-7.02 %

Resurgere Mines & Minerals India's ROCE % of for the quarter that ended in Mar. 2018 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2018 )  (Q: Mar. 2017 )(Q: Mar. 2018 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2018 )  (Q: Mar. 2017 )(Q: Mar. 2018 )
=-238.474/( ( (8163.526 - 4496.034) + (7976.491 - 4852.306) )/ 2 )
=-238.474/( ( 3667.492 + 3124.185 )/ 2 )
=-238.474/3395.8385
=-7.02 %

(1) Note: The EBIT data used here is one times the annual (Mar. 2018) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -7.02% mean?
Resurgere Mines & Minerals India (NSE:RMMIL) has a ROCE % of -7.02% as of Mar. 2018.
Is Resurgere Mines & Minerals India's ROCE % too high?
Resurgere Mines & Minerals India's current ROCE % is -7.02%.
How does Resurgere Mines & Minerals India's ROCE % compare to competitors?
Resurgere Mines & Minerals India's ROCE % of -7.02% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Resurgere Mines & Minerals India's current ROCE % is -7.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Resurgere Mines & Minerals India stock overvalued right now?
Resurgere Mines & Minerals India (NSE:RMMIL) has a current ROCE % of -7.02%. The current ROCE % is -7.02%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Resurgere Mines & Minerals India (NSE:RMMIL), the current ROCE % is -7.02% as of Mar. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Resurgere Mines & Minerals India Business Description

Address 15, Morvi House, 28/30, Goa Street, Ballard Estate, 1st Floor, Mumbai, MH, IND, 400038
Resurgere Mines & Minerals India Ltd is engaged in extraction, processing, and sale of iron ore, bauxite and soapstone products and exploration & development of mining assets. The company's products portfolio consists of Lump Ore, Size Ore, Calibrated Lump Ore, Iron Ore Fines, and Bauxite. It operates two mines contracts, Iron Ore mine situated at Satarda and Bauxite mine situated at Mahalmiriya. It owns two mines, Soapstone mine situated at Dhelana in the state of Rajasthan and Bauxite mine situated at Yelwan Jugai, Maharashtra. Majority of the revenue is derived from its only segment Mining & Trading of Minerals.